Sam the Sham is an unfair shoe salesman. He has a pair of shoes that was priced at $60 last week. To entice customers, he wants to put a "25% off'' tag on the shoes but he still wants the customer to pay $60 for the shoes. He raises the price of the shoes so that after the 25% discount the shoes will cost $60. In dollars, what must the new price of the shoes be before the discount?
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Home » Mathematics » Sam the Sham is an unfair shoe salesman. He has a pair of shoes that was priced at $60 last week. To entice customers, he wants to put a "25% off'' tag on the shoes but he still wants the customer to pay $60 for the shoes.